ASX Index – Australian Danger Zone…

ASX 200 Index  –  Back Today on ATA Research Radar 

 

ATA Continuation of…

16.07.2019 – ASX Index – Australian Warning…

with

ATA Following …

16.08.2019 –  NIKKEI – BOJ is NOT ENOUGH…

17.08.2019 –  TOPIX Banks – Japan Debt Yield Omen…

21.08.2019 –  SHANGHAI INDEX on TRADE WAR CHESSBOARD …

21.08.2019 –  HANG SENG – STATUS QUO…

21.08.2019 –  KOSPI – ASIAN TIGER WARNING …

22.08.2019 –  NIFTY 50 – on the INDIA Edge…

22.08.2019  –  Jakarta Composite Index – Hurt Indonesia Komodo Dragon…

 

 

ASX Index Main Motives 

McKinsey Warning ‘Ominous’ Signs of Another Asian Debt Crisis

ASIA -China – Japan  & Global Slowdown or Recession Risk

Australia  Slowdown 

TRUMP TRADE WAR  – US Tariffs  &  China Tariffs 

TRUMP CURRENCY WAR 

&

Dovish…Dovisher…Mega Dovish Central Game

FED – Powell with Trump 

with

stricte Australia Motives 

Australia Economy Growth Slowest in 10 years

Australia GDP Q1/2019   Y/Y 1.8%   Q/Q 0.4%

&

Reserve Bank of Australia ( RBA ) Cut Rate to Historic Low 1%

 

ASX-1

 

First…ATA  from  16.07.2019

” M Pattern – Key Level 6800 Zone 

 ( 2007 – 2019 )

with

June Bull Candlestick 

Long Upper Shadow 

July Shooting Star Pattern for Now… “

 

&

ATA Tweets…

 

 

Second…Present ASX 200 Index   Situation 

ASX 200 Index    Secular  Perspective 

 

 

 

 

First…Main Motive

above in this text…

 

Second…Market Technical  Patterns 

ASX 200 Index 

Monthly View 

first of all

still Active

M Pattern – Key Level 6800-850 Zone 

 ( 2007 – 2019 )

Rising Trend Channel – Upper Edge 

Key Level 6800-850 Zone 

with

July Testing  this Master Resistance Zone 

July Bull Candlestick 

but with Upper Shadow 

vs

Cancel July Shooting Star Pattern 

( ATA Blog Post – 16.07.2019 )

&

August Dynamic RISK OFF Contraction 

August Bear Big Real Body Candlestick

but with Lower Shadow 

Bearish Engulfing Candlestick Pattern 

vs

MACD Monthly Buy Signal 

 

ASX 200 Index Present Active Battlefield 

Key Resistance Zone

6800 – 6850  Zone – 2007 Top

with

Psychological  Master Key Level 6800

&

6680 – FIB EXT Zone 

vs

Key Support Zones

6500 – Half of June Candlestick 

6400 – August Low for Now 

6300 –  Key Top – August 2018 

with

Psychological  Master Key Level 6000

 

ATA Investment Conclusion

still Research Confirmation

Master Trend Reversal  Patterns

M Pattern & Upper Edge Rising Channel 

&

still Special Focus on

ASX Smart Money Battlefield  

6300 –6400 – 6500   vs    6800

 

Never Forget

Market Trend always changed when Mainstream Media created 

One Slogan ” No Chance for Change “…

that’s why

Charts show you  Reversal Pattern First  ex ante…!!!

 

N – TIMES

Finally …

F/X  Maxim 

Most Important is  Final  Smart Money Reaction….

First…EOD-s

Second…EOW-s

Final…EOM –  Now Key Month August

 

 

ASX 200 Index  Monthly  Charts :

16.07.2019 – EOD 

ASX - M

ASX - M - Focus

ASX - M - Focus - Focus

23.08.2019 – EOD 

ASX - M - Line

ASX - M

ASX - M - Focus

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